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Stem, Inc. Announces New Front of the Meter, Wholesale Market Participation Services Project in .
Stem, Inc.March 2, 2021 GMT
MILLBRAE, Calif., March 02, 2021 (GLOBE NEWSWIRE) Stem, Inc., a global leader in artificial intelligence (AI)-driven clean energy storage services, today announced the installation of its largest Massachusetts solar plus storage site that will participate in New England wholesale energy markets through its existing partnership with Kearsarge Energy L.P. (“Kearsarge”), the developer and owner of the project.
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Kearsarge Haverhill LLC, located on a landfill in Haverhill, Mass., has 3.6 megawatts (MW) of solar with a 2 MW / 9 megawatt-hour (MWh) AC-coupled, front-of-the-meter (FTM) battery. The project is the largest of its kind that Stem’s AthenaTM smart energy storage software currently operates for Kearsarge in Massachusetts. Separately, Stem
Canada’s $373 Billion Fund Chooses Safety After CEO Resigns
Bloomberg 3/1/2021 Paula Sambo and Kevin Orland
(Bloomberg) Mark Machin’s big mistake got him drummed out of Canada’s national pension manager in a matter of hours. It’s a turn of events that puts the fund in the hands of a former industrial scientist who has made few waves in the world of finance.
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John Graham was promoted to chief executive officer of the Canada Pension Plan Investment Board on Friday, putting him in charge of a $373 billion global portfolio that includes everything from Britain’s Southampton port to Germany’s Axel Springer media empire to the Petco retail chain.
Canada s US$373B fund chooses safety after CEO flames out bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Startup Funding: February 2021
In February, several startups emerge from stealth, with one company working on AI inference architectures for the data center and another trying to make lenses thinner by patterning surfaces with tiny structures. Two new Chinese companies are trying to expand the country’s semiconductor design ecosystem with GPUs and interface IP. Plus, a maker of AI chips for ADAS draws another massive round this month as we take a look at 22 startups that collectively raised over $1.2B.
Semiconductors & design
GPU startup
Moore Threads raised an undisclosed amount of pre-A Series funding (stated as billions RMB 1.0B RMB is about $155M) led by
Corporate world is shifting : Machin s swift departure from CPPIB underscores public intolerance for bad behaviour in the C-suite theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.